YEARLY HIGH
93.6324 NGN
YEARLY LOW
86.7883 NGN
YEARLY AVERAGE
88.9402 NGN

2026 MVR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MVR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 93.6324. Conversely, the yearly low was recorded on April 16, dropping to 86.7883.

This high-to-low spread represents a total annual volatility of 6.8440 NGN. From a start-to-finish perspective, comparing the January average rate of 91.8736 to the December average rate of 88.1483, the exchange rate registered a net change of -4.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 93.6324 was down 14.14% compared to the 2025 peak of 109.0461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 468,162 NGN
2025 Average 494,391 NGN
Yearly Trough Low 433,942 NGN
Transaction Impact: A difference of 34,220.06 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

92.2688
87.5266
JanuMarcMayJuly

MVR to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 89.0885, compared to 88.4950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5935 points.

H1 Avg (Jan–Jun) 89.0885
H2 Avg (Jul–Dec) 88.4950

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 3.9506 NGN (High: 93.6324 / Low: 89.6818). On the other end, May was the most stable month, with a tight range of 0.2056 NGN (High: 89.2035 / Low: 88.9979).

January Spread (Volatile) ±3.9506
May Spread (Stable) ±0.2056

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2026. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.9518 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.9518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 91.8736) against the same month in 2025 (average: 100.7324), the exchange rate shifted by -8.8588 (-8.79%).

2026 Avg (January) 91.8736
2025 Avg (January) 100.7324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 93.6324 89.6818 91.8736
February 90.0938 86.8604 87.9218
March 90.5010 87.4921 89.1303
April 89.4987 86.7883 88.0953
May 89.2035 88.9979 89.0963
June 89.3418 87.9104 88.4140
July 89.4774 87.8668 88.8417
August 88.2584 87.9622 88.1483